Review on PRIZM by Robiul Islam
Fully decentralized, self-regulating system.
Prizm solution.
An analysis of network costs and energy efficiency shows that the entire ecosystem can be maintained at about $ 60,000 per year, which is now about 2,200 times cheaper than the cost of operating a bitcoin network.
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Time to confirm the transaction.
The average block generation time was historically 60 seconds, and the average processing time of the transaction was the same. After ten confirmations, the transactions are considered secure, which means that the transaction becomes permanent in less than 14 minutes. The implementation of transparent forging allows you to make almost instantaneous transactions which will further reduce this time.
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PARAMINING.
The developers added a unique, linear-replacement mechanism for determining the rewards for saving funds for the purpose of economic attraction and gradual replacement by relying on the basic system of token mass formation.
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Pros
- The common denominator is PARAMINING, which is not represented in any other subsistence cryptocurrencies.
- Process transactions securely, quickly and efficiently.
- Encourage people to take part in network security.
- Worldwide scale with minimum cost of resources.
Cons
- After seeing the progress of their project and reading the whitepaper, I have no concerns at present.
New products
Comments (1)
May 16, 2020
Thank you for your feedback! I subscribe to every word! It's true! Premining of the coin is simply unique! This makes Prizm different from other coins! I would like the coin to be appreciated!
